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Tag: Middle East

“Cryptocurrencies Are Here to Stay,” Believes Founder of Saudi Arabian Remittance Firm

Category: Altcoins, Bitcoin, Blockchain, Business, Commentary, Finance, News, Regulation, Tech

“Cryptocurrencies Are Here to Stay,” Believes Founder of Saudi Arabian Remittance Firm

According to Abdulaziz Al Jouf, CEO of Saudi based digital payments platform PayTabs, cryptocurrencies will succeed as an asset class regardless of the worldwide concerns around their unregulated and volatile nature. Can’t Control, Will Ban Speaking to the Arabian Business, Al Jouf said that he does not see digital currencies being banned as a whole and stated that cryptocurrencies have…

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Emirates NBD & ICICI Merge Infosys’ Finacle with Blockchain for Remittances, Trade Finance

Category: Business, Finance, News

Emirates NBD & ICICI Merge Infosys’ Finacle with Blockchain for Remittances, Trade Finance

Emirates NBD and ICICI Bank will be the first banks to pilot a network for international remittances and trade finance built on blockchain technology in the Middle East region, following an announcement on October 18 that they will be launching the pilot through working in partnership with Infosys. By collaborating with Infosys’ subsidiary, EdgeVerve Systems, the banks will be able…

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